EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS)

|                                                               |                                                                  | For Quarter
Ended |        | For Years Ended |    
|-------------------------------------------------------------- | ---------------------------------------------------------------- | ----------------- | ------ | --------------- | ---
|
|Earnings (loss) from continuing operations before income taxes |                                                                  | $                 | (7,197 | )               | $  
|Add:                                                           |                                                                  |                   |        |                 |    
|                                                               | Interest on indebtedness                                         |                   |        | 11,969          |    
|                                                               | Amortization of debt expense                                     |                   |        | 292             |    
|                                                               | Portion of rents representative of the interest factor           |                   |        | 2,781           |    
|Deduct:                                                        |                                                                  |                   |        |                 |    
|                                                               | Undistributed earnings from less-than-50-
percent-owned entities |                   |        | (3,434          | )  
|                                                               |                                                                  |                   |        |                 |    
|                                                               | Earnings (as defined)                                            |                   | $      | 4,411           | (a)
|                                                               |                                                                  |                   |        |                 |    
|Fixed charges:                                                 |                                                                  |                   |        |                 |    
|                                                               | Interest on indebtedness                                         |                   |        | 11,969          |    
|                                                               | Amortization of debt expense                                     |                   |        | 292             |    
|                                                               | Portion of rents
representative of the
interest factor           |                   |        | 2,781           |    
|                                                               |                                                                  |                   |        |                 |    
|Total fixed charges                                            |                                                                  | $                 | 15,042 |                 | $  
|                                                               |                                                                  |                   |        |                 |    
|Ratio of earnings to fixed
charges                             |                                                                  |                   | 0.3x   | (a)             |    
|                                                               |                                                                  |                   |        |                 |    

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